The Executive Managers Council of the Islamic Development Bank (IDB) today concluded its 229th session held at the headquarters of the bank in Jeddah. Following the meeting, Dr. Ahmed Mohammed Ali, President of IDB, said the bank's executives decided to provide new finances worth $ 399.3 million to contribute to the cost of 11 developmental projects in ten member countries of the bank, unrefundable grants to four Islamic communities in non-member states, in addition to financing eleven foreign trade operations. At the meeting, the executives also discussed a number of technical reports, Ali said. -- SPA 2307 Local Time 2007 GMT
